The US decision on Monday more than failing to snuff out Iran’s oil exports will disrupt markets and complicate Washington’s relations with Beijing and even its own partners. industry analysts say.
Read More »Iran Payment System Making Positive Progress
France reports progress in efforts towards the implementation of a direct payment mechanism. which the European country has launched alongside Britain and Germany to safeguard trade with Iran in the face of US sanctions.
Read More »Iran Sanctions Alarm Korean Petrochemical Sector
Condensate accounts for a majority of the crude oil from Iran.
Read More »Oil Prices Rise as U.S. Looks to End Iran Sanction Waivers
South Korea is a major buyer of Iranian condensate.
Read More »Trump`s Dangerous Game
The U.S. administration is preparing to announce an end to sanction waivers for countries importing oil from Iran.
Read More »Japan relies on Iranian oil. to talk to US about it
Japan says it relies on crude imports from Iran and seeks to hold talks with the United States about the matter to keep its energy supply steady. amid ongoing attempts by Washington to curtail Iran’s oil sales.
Read More »US to Announce Zero Tolerance for Iran Oil Imports
The United States is to announce that all importers of Iranian oil will have to end their imports shortly or face US sanctions. a report says.
Read More »China Slams US Plan to Stop Waivers for Iran Oil Imports
China has slammed US plans to tell it and other countries to stop buying Iranian oil or face sanctions. saying Beijing'.s cooperation with Tehran is in accordance with law.
Read More »Oil. the Lifeblood of the Global Economy for Years to Come
Aramco'.s recent bond sale success proves that the age of oil won'.t end soon.
Read More »Saudi. Russia Oil Cooperation Is Set to Continue
Russia’s crude oil production in April stood at 11.24 million barrels per day. still slightly off its promised level of 11.191 million bpd.
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